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May 20, 2012
05/12
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one third is tax cuts for americans. nobody knows that. most people think of obama raised taxes. the other one third was for states and cities, because we went down hard. every state had to modify the budget. they had to lay off first responders, teachers, firefighters and police officers. the stimulus, which is actually something that was accessible and saving jobs for creating and saving him, nobody knows. those kinds of mistakes. even when you do the right thing and you don't know how to get the credit for it, that demoralizes people. i think that both sides could have performed better. not surprisingly. outsiders and insiders. the book is an attempt to help us to learn from those mistakes so we can go forward. >> host: what about something like the bush tax cuts? is that -- looking directly at the fact that it was continued. >> guest: i think it should be taken away. if you have a business idea if you are an entrepreneur or innovator, you can get out and do a bang up job. first of all, you don't have to pay any price to anybody. you can just go get your business permit. if yo
one third is tax cuts for americans. nobody knows that. most people think of obama raised taxes. the other one third was for states and cities, because we went down hard. every state had to modify the budget. they had to lay off first responders, teachers, firefighters and police officers. the stimulus, which is actually something that was accessible and saving jobs for creating and saving him, nobody knows. those kinds of mistakes. even when you do the right thing and you don't know how to get...
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Feb 19, 2012
02/12
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CSPAN
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for the major -- the bush tax cuts and the bush-obama tax cuts because he signed the extension into law -- it begs that we need tax reform on a base plate. it was on -- on a big plate. it was talked about at the super committee. six-six were divided between republican and democrat. one of the silver linings i saw happening was the leadership i saw led by dave camp. he is the chairman of the maze -- ways and means committee. neither max baucus or orrin hatch -- you see they will be coming together unneeded tax return -- tax reform. maybe the provisions that expire will provide the umphf to get to the finish line. yes, they expired december 31. for most americans, the impact does not hit until april 15 of 2014 because the tax hike takes in a january 13 -- january 2013. you do not pay the tax until the end of the year. that allows you time to say hey what is it we like to do. i would like to see its simplified and a whole number of different things. we talked about -- i would like to see it simplified and a whole number of different things. we can talk about general electric and how they d
for the major -- the bush tax cuts and the bush-obama tax cuts because he signed the extension into law -- it begs that we need tax reform on a base plate. it was on -- on a big plate. it was talked about at the super committee. six-six were divided between republican and democrat. one of the silver linings i saw happening was the leadership i saw led by dave camp. he is the chairman of the maze -- ways and means committee. neither max baucus or orrin hatch -- you see they will be coming...
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May 14, 2012
05/12
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CSPAN2
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most people think obama raised his taxes. he cut taxes for 95% of americans. the other referred is for the state's keeping copps on the beat. when we went down we went down hard, and if every state had to follow its budget when we went down, they didn't have to lay off teachers, firefighters, nurses, first responders. one-third of the stimulus was keeping copps on the beach and kindergarten teachers hoping your kids. nobody knows that. so the stimulus that was successful in terms of quote on quote saving jobs that were created or saved, you have to teachers' jobs. nobody knows. so that was the kind of mistake even when you do the right thing and you don't know how to get the credit for it, that demoralizes people, and so i think that both sides could have performed better, not surprisingly. outsiders and insiders. the book is an attempt to help us learn from those mistakes so we can go forward. >> host: what about the bush tax cut, something that he's kept this far? it was in his address, it wasn't directly the fact and has continued. >> guest: i think it's ti
most people think obama raised his taxes. he cut taxes for 95% of americans. the other referred is for the state's keeping copps on the beat. when we went down we went down hard, and if every state had to follow its budget when we went down, they didn't have to lay off teachers, firefighters, nurses, first responders. one-third of the stimulus was keeping copps on the beach and kindergarten teachers hoping your kids. nobody knows that. so the stimulus that was successful in terms of quote on...
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Feb 19, 2012
02/12
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CSPAN
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for those major tax -- the bush tax cuts the bush/obama tax cuts, it begs that we do need tax reform on the big play. as one that was on the super committee and lots of discussions, hundreds of hours it was equally divided between house and senate. one of the silver linings i saw happen was, what i expect to be the leadership led by dave camp. he is the chairman of the ways and means committee. in the senate, you see they will be coming together on the needed tax reform. maybe these provisions that expire will provide what is necessary to get to the finish line. yes, they expire december 31. for most americans, the impact does not hit until april 15 of 2014. the tax hike kicks in january 13, -- january of 2013, but you do need -- you do not pay taxes until the end of the year. that allows you time to say, what is it we have to do? i would like to see the rates come down. it could be simplified. talk about general electorates'. -- bge -- ge. let us figure it out. i had the chairman of pfizer in my district in my office not too long ago. he said, fred, switzerland has a tax rate of 13%
for those major tax -- the bush tax cuts the bush/obama tax cuts, it begs that we do need tax reform on the big play. as one that was on the super committee and lots of discussions, hundreds of hours it was equally divided between house and senate. one of the silver linings i saw happen was, what i expect to be the leadership led by dave camp. he is the chairman of the ways and means committee. in the senate, you see they will be coming together on the needed tax reform. maybe these provisions...
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i want to cut taxes, president obama wants to raise taxes. historically that has been a devastating argument. for the president and joe biden to talk about raising taxes when you have millions and millions of americans out of work, it does not seem to work, and everyone knows the actual tax hikes will do almost nothing for the deficit. so it is just kind of catnip for the left. let's raise taxes on the rich. class warfare. i don't think it is a successful economic strategy, and i'm not sure it will or politically either. gerri: interesting days. that is for sure. you will have you back to talk more. when we come back to be searching for a deal, but prescription drugs online presents a all new sets of problems. we will explain. an age-old question resurfacing. can women have it all? are we dissing mother had? this is going to be a panel. you will love it. it will be a lot of fun. ♪ ç gerri: the mill powerhouse giving birth to her first child. she took the helm. see is also making headlines for another reason. this story and others suggesti
i want to cut taxes, president obama wants to raise taxes. historically that has been a devastating argument. for the president and joe biden to talk about raising taxes when you have millions and millions of americans out of work, it does not seem to work, and everyone knows the actual tax hikes will do almost nothing for the deficit. so it is just kind of catnip for the left. let's raise taxes on the rich. class warfare. i don't think it is a successful economic strategy, and i'm not sure it...
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president obama opposes renewing tax cuts for people earning more than a quarter of a million dollars a year. >>> jury selection is moving faster than expected in the jerry sandusky child sex abuse trial. the former penn state assistant football coach is charged with molesting ten boys over the course of 15 years. so far nine jurors have been seated. connections to penn state did not necessarily keep prospective jurors from being chosen. >> we asked the jurors where they worked. 14 indicated they are employed by or retired from penn state. then they were asked if any of them knew jerry sandusky personally. and four people held up cards. >> the jurors included a retired bus driver, a high school teacher, an engineer, and a walmart employee. someone a long-time penn state football season ticketholders, as well. alternates need to be chosen. opening arguments are scheduled to begin next monday. >>> police in canada trying to determine if an adult film actor accused of killing his elk lover also mailed some of his body parts to two schools in vancouver. the schools received packages conta
president obama opposes renewing tax cuts for people earning more than a quarter of a million dollars a year. >>> jury selection is moving faster than expected in the jerry sandusky child sex abuse trial. the former penn state assistant football coach is charged with molesting ten boys over the course of 15 years. so far nine jurors have been seated. connections to penn state did not necessarily keep prospective jurors from being chosen. >> we asked the jurors where they worked....
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Aug 4, 2012
08/12
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FOXNEWSW
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if you think about it, president obama has not raised taxes yet on the income. he's backed off that income, going back to the clinton tax rates. and i will say this, and when you look at what people want, they-- people obviously hate tax increases, but i think the message and i've not seen the definitive poll on this. when you look at it it's nor nuanced. i think a lot of people wouldn't mind paying higher taxes if at least they made a real effort to cut the size of government. and then, people would say, no problem, but they never do. >> forget about polls, we are seeing people vote. we're seeing votes in california of all places and some of the things i've talked about and seeing evidence that people are flatley saying, no tax hikes period. >> unformer the votes aren't happening down in washington, where there's so much uncertainty about the future of tax rates and you're talking about how corporations behave. do you know how abysmal, the alternative minimum tax and potentially could hit millions and millions of more people and the tax expired for this year at
if you think about it, president obama has not raised taxes yet on the income. he's backed off that income, going back to the clinton tax rates. and i will say this, and when you look at what people want, they-- people obviously hate tax increases, but i think the message and i've not seen the definitive poll on this. when you look at it it's nor nuanced. i think a lot of people wouldn't mind paying higher taxes if at least they made a real effort to cut the size of government. and then, people...
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Feb 3, 2012
02/12
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. >> the cspan road to the white house takes you to the candidate yvette spam my leadership cut taxes 19 times and cast over 800 vetoes. we balance the budget every single year we kept our schools first and the nation. my leadership and the obama year and begin a new era of american prosperity. >> there is a mess up in washington and they have given us a lousy foreign-policy, a lousy a budget and they have given as a lousy recession. the wonderful thing that is happening is that makes grass roots people realize that the problem is too much government. we need more personal liberty. >> if you are prepared to do what it takes to make sure that we change direction not just the presidency but the congress, the bureaucracy, the judges, the policies so that the entire system gets on the right track so that america can give our children and grandchildren a more prosperous, safer, and better future. >> follow the candidates as they meet with voters. >> thank you so much. thank you. >> take a picture with you? >> go ahead. >> use our website to the recent video from the campaign trail and lead
. >> the cspan road to the white house takes you to the candidate yvette spam my leadership cut taxes 19 times and cast over 800 vetoes. we balance the budget every single year we kept our schools first and the nation. my leadership and the obama year and begin a new era of american prosperity. >> there is a mess up in washington and they have given us a lousy foreign-policy, a lousy a budget and they have given as a lousy recession. the wonderful thing that is happening is that...
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Oct 15, 2012
10/12
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FOXNEWSW
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the folks in my district didn't elect me to compromise with bar ram obama to raise taxes they elected me to stop them. we to make the case. we have a few more weeks in this campaign. when we win like i think we are going to we will have the mandate to do what we think needs to be done. >> a lot of folks who run and work for private charities and nonprofits themselves believe the government will do more rather than less. why do you think that is if they do such a better job than the government does? >> what we have seen is they have become effective in lobbying. i don't give them any money. to give money to that organization they spend a lot to get the government doment their jobs. >> i understand the rationale. they say we are doing gad work. all of the government is going to give us more money to do more good work we will take it. >> astonishly infective. many have become addicted to welfare. the welfare state corrupted civil society as well. that's one of the deep problems with the welfare state is they encouraged dependency even among people who dedicate their lives to helping othe
the folks in my district didn't elect me to compromise with bar ram obama to raise taxes they elected me to stop them. we to make the case. we have a few more weeks in this campaign. when we win like i think we are going to we will have the mandate to do what we think needs to be done. >> a lot of folks who run and work for private charities and nonprofits themselves believe the government will do more rather than less. why do you think that is if they do such a better job than the...
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Oct 17, 2012
10/12
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FOXNEWSW
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taxes, barackf obama performed particularly well. let's take a look, and then i will ask this group why romney had the advantage on tax policy. >> i want to bring the rates down. i want to simplify the tax code. i want to -- get middle income taxpayers to have lower taxes. the reason i want middle income taxpayers to have lower taxes is because middle income taxpayers have been buried years.e past four you have b seen as middle income people in this country incomes go down $4,300 a family. even if gasoline prices go up $2,000, health insurance premiums up $2,500. food prices are up. utility prices are up. the middle income family in america have been crushed over the last four years. so i want to get relief to middle income families. >> what was it? what was it about that. it was one of the rare moments when republicans and democrats agreed. why? >> i am convinced people understand mitt romney wants to help and not hurt job creators. that may be one of the most important issues in this election. >> she talking aboutto tax policy and
taxes, barackf obama performed particularly well. let's take a look, and then i will ask this group why romney had the advantage on tax policy. >> i want to bring the rates down. i want to simplify the tax code. i want to -- get middle income taxpayers to have lower taxes. the reason i want middle income taxpayers to have lower taxes is because middle income taxpayers have been buried years.e past four you have b seen as middle income people in this country incomes go down $4,300 a...
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Apr 11, 2012
04/12
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CNBC
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you think reagan's tax reform is the same as the buffett tax from president obama? >> no, there's a key difference. i'm all for getting rid of tax loopholes. i think the giper was and you were. the deaf rinse is that what they did back then, they lowered the rates. what president obama is talking about is doubling of the capital gains rate and putting in place a 30% tax, so i think that's a significant difference between the tax reform reagan did, which was very effective. >> on the point, i was pretty steamed on this thing because reagan took the top rate from 70 to 28. now, that 1985 clip, that was a tax reform plan. it lowered rates, simplified them into two bararackets and removed a lot of loopholes. mr. obama just wants to raise the loophole for so-called millionaires. he's not embarking on tax reform. >> i was standing right behind him and heard the context and it was really the major point he was making was that reagan was willing to cut deals and if there was a cutting spending component of it, but also a tax increase, that was part of the give and take of c
you think reagan's tax reform is the same as the buffett tax from president obama? >> no, there's a key difference. i'm all for getting rid of tax loopholes. i think the giper was and you were. the deaf rinse is that what they did back then, they lowered the rates. what president obama is talking about is doubling of the capital gains rate and putting in place a 30% tax, so i think that's a significant difference between the tax reform reagan did, which was very effective. >> on the...
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Dec 26, 2012
12/12
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MSNBCW
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then however it becomes no longer extending the bush tax cuts, but the obama tax cuts. president obama is associated with cutting taxes. there is political liability for them as well. the reality is they have to get off of this no tax increase nonsense. i read in the "new york times" the other day, no republican member of congress voted for it since 1990. do you believe that? we had two or three wars since that time? a tragedy at 9/11 and we had hurricane sandy. we had hurricane katrina and despite all of these, they are unwilling to raise them to support and fund our government. what does it say about the dysfunctionality? >> we will have to leave it there. happy holidays to you. joining me now on the phone, congressman gregory meeks. congressman, i just saw you downstairs in the lobby about two or three hours ago and you were waiting on a phone call to determine when you might have to go back to d.c. to hammer out fiscal cliff matters. have you gotten the call yet? >> we are still waiting. >> no word as to when you guys are going back? no sense of urgency? >> i think
then however it becomes no longer extending the bush tax cuts, but the obama tax cuts. president obama is associated with cutting taxes. there is political liability for them as well. the reality is they have to get off of this no tax increase nonsense. i read in the "new york times" the other day, no republican member of congress voted for it since 1990. do you believe that? we had two or three wars since that time? a tragedy at 9/11 and we had hurricane sandy. we had hurricane...
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Dec 26, 2012
12/12
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KCSMMHZ
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budget cuts and tax increases. obama is scheduled to return to washington on thursday in time to restart talks. the u.s. president is asking congressional executives to compile a compromise plan that features continued tax cuts for the middle class. that represents a shift in his policy that called for higher taxes on the wealthy, along with measures to cut the fiscal deficit. talks between democrats and republicans came to a standstill last week. a deal still remains uncertain. the republicans canceled a vote on their compromise plan. that's because many republicans remain opposed to any kind of tax hikes. >>> china has opened what it calls the world's longest high-speed rail line. the railway links the capital city of beijing and ghangzhou in the south. shun ishibe have more. >> reporter: the first high-speed train for beijing is about to leave guangzhou south railway station. many passengers are carrying coats, because the temperature in beijing is about 20 degrees centigrade lower than here in guangzhou. the ne
budget cuts and tax increases. obama is scheduled to return to washington on thursday in time to restart talks. the u.s. president is asking congressional executives to compile a compromise plan that features continued tax cuts for the middle class. that represents a shift in his policy that called for higher taxes on the wealthy, along with measures to cut the fiscal deficit. talks between democrats and republicans came to a standstill last week. a deal still remains uncertain. the republicans...
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Jun 1, 2012
06/12
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CSPAN3
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but everything that the president obama proposed the republicans opposed. and i haven't heard any jobs proposals from the republicans except give people more tax breaks. >> well, mr. waxman, i appreciate that. i do have a question for you. >> okay. >> it would be great for you to defend a stimulus that's 13 million jobs short of what the president promised us. and i wasn't here. and i presume you voted for it. one thing that's bothered me on the regulatory side as well is this idea that -- and i want this question asked for you, because this question constituents ask me and they said congressman, do you think washington politicians and regulators can make better decisions than businessmen and women? that would be my question for you. >> it's a good question. there are things called market failures, and -- >> and there are things called government failures. >> let him answer the question. >> yes. >> there are market failures, and that's when government needs to step in. for example, if you don't regulate pollution, the waste disposal into the air would be fr
but everything that the president obama proposed the republicans opposed. and i haven't heard any jobs proposals from the republicans except give people more tax breaks. >> well, mr. waxman, i appreciate that. i do have a question for you. >> okay. >> it would be great for you to defend a stimulus that's 13 million jobs short of what the president promised us. and i wasn't here. and i presume you voted for it. one thing that's bothered me on the regulatory side as well is this...
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Nov 22, 2012
11/12
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CNBC
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president obama might want higher rates and cap on reductions for more tax revenues. that could be a deal-breaker and the markets won't stand for long while nothing gets wrong. i don't want to be overly pessimistic. i'm trying to be realistic. i'm reporting what i'm hearing. but stocks did rise a bit on news after cease-fire between israel and whhamas. is israel snaf particularly when we know that palestinians and gaza may just rest unand rearm for the next round? >>> finally as you head out into the thanksgiving traffic, ask yourself where president obama still hasn't given the green light to the keystone pipeline that would give us jobs and energy n independence? now a truly bipartisan group of senators is telling the president to make a decision right now. first up this evening, this is the big question. will we get a deal done or might president obama just let us go right over the fiscal cliff, take the recession, and simply blame the gop? this is a serious question that i'm hearing from washington all the time. so let's talk. we have cnbc contributor jack bernste
president obama might want higher rates and cap on reductions for more tax revenues. that could be a deal-breaker and the markets won't stand for long while nothing gets wrong. i don't want to be overly pessimistic. i'm trying to be realistic. i'm reporting what i'm hearing. but stocks did rise a bit on news after cease-fire between israel and whhamas. is israel snaf particularly when we know that palestinians and gaza may just rest unand rearm for the next round? >>> finally as you...
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Mar 25, 2012
03/12
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WUSA
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president obama is saying the tax code that individual small businesses pay goes up to 45. we will lose jobs if we go down that path. we're saying get rid of those tax shelters. the interest group loopholes and lower everybody's tax you'll get more of their income subject to taxation but to a simpler and fairer system. there is a bipartisan consensus that this is the best way to go. unfortunately the president is proposing the opposite. >> you also include changes to medicare and cuts in medicaid. $810 billion in cuts to medicaid. how can you guarantee people that you're not giving tax cuts to the wealthiest and taking away aid to the poor? >> because we want economic growth and job creation. a tax code is stifling job creation. we propose in medicaid is let the governors and the states, give them the flexibility to customize medicaid to meet the unique needs of their populations. in wisconsin our medicaid population is different than in new york. >> you don't deny that you're cutting $810 from medicaid. >> $810 billion in savings. we still grow medicaid each and every year
president obama is saying the tax code that individual small businesses pay goes up to 45. we will lose jobs if we go down that path. we're saying get rid of those tax shelters. the interest group loopholes and lower everybody's tax you'll get more of their income subject to taxation but to a simpler and fairer system. there is a bipartisan consensus that this is the best way to go. unfortunately the president is proposing the opposite. >> you also include changes to medicare and cuts in...
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maybe that's it and i'll find go to you i think that's what obama was confused because romney didn't make any sense from a number of points and romney took advantage of that obvious. really. well on the tax cut point in particular i think rachel's point is an interesting one i essentially agree with her that voters watching the debate in the moment are not going to be particularly fascinated by the minutiae of tax policy agree but what i would say about that peter is that a lot of the time it's actually the post debate discussion the matters a lot and for maine public perceptions of these things and already today we're seeing the obama campaign really driving hard at that precise point at the point that romney has not and fact really stipulated with great clarity how he will make this measure revenue neutral what loopholes he will close and i think those are the kind of things that the obama campaign is really frankly clinging on to you at the moment in an attempt to make this debate lindstedt out injured for their candidate than it first appeared to be you know david i think was ver
maybe that's it and i'll find go to you i think that's what obama was confused because romney didn't make any sense from a number of points and romney took advantage of that obvious. really. well on the tax cut point in particular i think rachel's point is an interesting one i essentially agree with her that voters watching the debate in the moment are not going to be particularly fascinated by the minutiae of tax policy agree but what i would say about that peter is that a lot of the time it's...
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yeah yeah i think he he was he was certainly enlarging the truth on his tax plans and on what he was saying about obamacare medicare he has got some explaining to do over the coming days and weeks because he this is one of the problems with romney that he does play fast and loose with the facts sometimes and it's got him in trouble before i think the question is how hard you are on him on these you know how how serious those mistakes are and whether you concentrate more on the style of barmah because that's what he's now got to make up rather than getting too wonky again to sort of pointy headed and academic but term sure there's got to be there's going to be some explaining and also you know the the big difference in. their present facts is that a farmer is still trying to help the less well off and romney is trying to help the better better off that fact needs to be delineated i don't know whether you would agree with that maybe used you all i don't run it as a weighted by romney's you know in his newfound affection for the no i think it's a very good point rachel do you want to ha
yeah yeah i think he he was he was certainly enlarging the truth on his tax plans and on what he was saying about obamacare medicare he has got some explaining to do over the coming days and weeks because he this is one of the problems with romney that he does play fast and loose with the facts sometimes and it's got him in trouble before i think the question is how hard you are on him on these you know how how serious those mistakes are and whether you concentrate more on the style of barmah...
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Jun 15, 2012
06/12
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KNTV
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. >> reporter: no major new initiatives, but a passionate repeat of main obama themes, taxing the rich more, not cutting, key spending. >> in an age where we know good jobs depend on high skills. now's not the time to scale back our commitment to education. >> reporter: he warned a romney win would mean more gridlock. >> this election is your chance to break that stalemate. if you want to give the policies of the last decade another try, then you should vote for mr. romney. >> reporter: with the president in democratic-leaning cleveland, mitt romney was in conservative cincinnati, mocking the obama claim of economic progress. >> oh, really. go check on that, and talk is cheap. action speaks very loud. and if you want to see the results of his economic policies, look around ohio, look around the country, and you'll see that a lot of people are hurting. >> reporter: boosted by $10 million from one las vegas billionaire, team mitt romney's advertising war chest is bigger than team obama's -- >> the private sector's doing fine. >> reporter: -- enabling romney to capitalize on an obama gaff
. >> reporter: no major new initiatives, but a passionate repeat of main obama themes, taxing the rich more, not cutting, key spending. >> in an age where we know good jobs depend on high skills. now's not the time to scale back our commitment to education. >> reporter: he warned a romney win would mean more gridlock. >> this election is your chance to break that stalemate. if you want to give the policies of the last decade another try, then you should vote for mr....
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Jul 7, 2012
07/12
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CURRENT
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>> obama-care, obama tax, which is what we are now calling this law. >> who are you to suggest what a veteran's mind is when he or she decides whether or not to talk about his or her service. >> oh, ashley, i'm confused. >> eliot: joe walsh is worse than confused. easy an embarrassment. he should not be in congress. get out of the race. the germans have job advice. don't work so much. that's next. spitzer." >>questions, of course, need to be answered. >>we will not settle for the easy answers. in your jeep grand cherokee. and when you do, you'll be grateful for the adaptive cruise control that automatically adjusts your speed when approaching slower traffic. and for the blind spot monitoring that helps remind you that the highway might not be as desolate... ...as you thought. ♪ ♪ >> eliot: according to today's jobs numbers 8.2% of americans are still unemployed. here is an idea we have not tried. work less. as my next guest wrote this week in the guardian. if americans worked the same shorter hours as workers do in germany, we would eliminate the problem of joblessness overnight.
>> obama-care, obama tax, which is what we are now calling this law. >> who are you to suggest what a veteran's mind is when he or she decides whether or not to talk about his or her service. >> oh, ashley, i'm confused. >> eliot: joe walsh is worse than confused. easy an embarrassment. he should not be in congress. get out of the race. the germans have job advice. don't work so much. that's next. spitzer." >>questions, of course, need to be answered....
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Oct 1, 2012
10/12
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CSPAN
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one side or the other will have to cave. >> i suspect taxes will go on upper income people. this definition of which includes me, which sends me into laughter. i am not sure what rich means. he is. i think taxes i pay should rise but they should be more rational. i now pay a 15% on capital gains, but 22.5%. because of the crazy workings . my accountant gleefully informed me of something that was written wrong. he told me i am in the phase-out brackets of the alternative minimum tax. if i can only get one run of $50 thousand income -- $150,000 income. i have written about the stuff forever. i do not understand my own taxes. i have to have an accountant. i cannot understand the return. it is completely crazy. 20% of capital gains will not kill anybody. i treat capital gains and dividends the same way i treat income from work. i would lower the rate on everything by broadening the base. >> what do you think will happen and is the country better off that everybody is collected from the same party or are we better off having it? >> that is a good question. in the current situatio
one side or the other will have to cave. >> i suspect taxes will go on upper income people. this definition of which includes me, which sends me into laughter. i am not sure what rich means. he is. i think taxes i pay should rise but they should be more rational. i now pay a 15% on capital gains, but 22.5%. because of the crazy workings . my accountant gleefully informed me of something that was written wrong. he told me i am in the phase-out brackets of the alternative minimum tax. if i...
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Aug 24, 2012
08/12
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FBC
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all of the bush and obama tax cuts expire at the end of this year. and we have this weird thing called the sequester, which means we'll have automatic cuts in defense and domestic spending, very large ones, and irrational, when that hits us at the end of the year could we're risking a double dip recession, i think that is right. neil: that is if we let it happen. i talked to a prominent congressman on this very issue, doctor, that said his best bet, was that he thinks there will be a 90 day extension of all of the above, and then they will hammer it out whether with a new president or a reelected one, do you think that is likely? that is kicking the can down the road? >> i think that is a one of the likely scenarios. they have to do some kind of a combination of kicking it down the road could because they won't have time to do all the things they need to do before the end of the year. some combination of kicking it down the road, and putting a framework for getting a solution in place. neil: i know paul ryan did not vote for this final recommendation
all of the bush and obama tax cuts expire at the end of this year. and we have this weird thing called the sequester, which means we'll have automatic cuts in defense and domestic spending, very large ones, and irrational, when that hits us at the end of the year could we're risking a double dip recession, i think that is right. neil: that is if we let it happen. i talked to a prominent congressman on this very issue, doctor, that said his best bet, was that he thinks there will be a 90 day...
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Nov 14, 2012
11/12
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WGN
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we're committed to preserving the tax breaks for the middle class. making sure that they pay their fair share. president obama plans to meet with congressional leaders from both parties on friday. she must >> run for reelection to her minority position. no democrat has made a move to seriously challenge her. >> the seventh award alderman sandy jackson's get the city council meeting this morning and is not commenting on a wall street report she may have been involved in spending campaign cash on furniture for their home. >> the latest information about the fed's going after sandy jackson says to me that plea negotiations somehow got derailed. there was a sticking point, do not know what it is. maybe he does not want to do jail time and they are pushing jail time. congressman jackson remains in minnesota. >>he used taxpayer financed office to conduct private business. former speakers are allowed to use government office five years after they have stepped up. it is illegal for them to use the office for commercial purposes. use his office to conduct res
we're committed to preserving the tax breaks for the middle class. making sure that they pay their fair share. president obama plans to meet with congressional leaders from both parties on friday. she must >> run for reelection to her minority position. no democrat has made a move to seriously challenge her. >> the seventh award alderman sandy jackson's get the city council meeting this morning and is not commenting on a wall street report she may have been involved in spending...
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lou: president obama is loking to hide even more taxe to find more taxable victms beyond the so-called ich. but there are yet more conditionsas white ouse press secretary jay carney today reminded us. the president emnds any deal is dependent upon a hike in the nation det ceiling. carney says the debt ceiling is another issue the preident simply cannot bring himself to negotiate with those lowly republicans on the hill. and today began a new campaign of blame for the national debt directedat, yes, congress. me. >> your not going to negotiate over what is a fundamental responsibility congress, which is to pay the bills that congress cured. ithould beart of the dal. it should be done, and it should be done without trauma. lou: the president is not alone in demands for non negotiation of vat regions of the federal wastand. me ongressional democrats are also very spcific about hat they refuse to egotiate as well. for example, the conggessional black caucus nnounced that it is strony opposed to any cuts in medicare, medicaid, or soial curity saying entitlements mply cannot be considered in
lou: president obama is loking to hide even more taxe to find more taxable victms beyond the so-called ich. but there are yet more conditionsas white ouse press secretary jay carney today reminded us. the president emnds any deal is dependent upon a hike in the nation det ceiling. carney says the debt ceiling is another issue the preident simply cannot bring himself to negotiate with those lowly republicans on the hill. and today began a new campaign of blame for the national debt directedat,...
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but now president obama vowed to reform tax and find poverty while helping america's military during his annual state of the union speech much of the focus in this year's address was dedicated to the country's struggling economy and the press and problems in the quality embodied by the occupy movement obama also praised army advances abroad and the assassination of osama bin laden the speech is regarded as a pre-election chance for obama to sell his campaign to the public fester paul sheldon foote from california state university believes the address clearly demonstrates the policy priorities chosen by obama's administration because you know use that you little code for that we're going to have an enduring relationship . which means we're going to have bases in the country and stood there for ever whether they want to serve. likewise he said we kill gadhafi syria's next day and if iran doesn't behave there there after that so. it is totally contradictory to say that he's going to be able to pay down the american debt and expand government spending programs domestically with savings f
but now president obama vowed to reform tax and find poverty while helping america's military during his annual state of the union speech much of the focus in this year's address was dedicated to the country's struggling economy and the press and problems in the quality embodied by the occupy movement obama also praised army advances abroad and the assassination of osama bin laden the speech is regarded as a pre-election chance for obama to sell his campaign to the public fester paul sheldon...
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Jun 29, 2012
06/12
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CURRENT
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take a license to what mitt romney said today, calling it a tax. >> obama care raises taxes on the american people by approximately $500,000,000,000. >> so how should the democrats push back on that tax message? especially in light of the fact that the court found that it was a use of the congress's taxing power today in the supreme court decision? >> i don't care what you call it. it's about fair placey that free riders need to be part of the system. we need to contribute. >> personable responsibility? right? >> i think so. governor romney, the governor of my state, massachusetts, when our universal coverage was passed in 2006 was taking quite a different song. we are in this together. we need to help each other. today, you may be a contributor to the pool but tomorrow, you may be sick and you will benefit from the participation of your neighbors. that was his argument. we now have over 99% coverage of kids in massachusetts and over 98% coverage of adults. costs haven't gone up. we have the same problems all other states do and we are going to work on that now. but this is about fairness.
take a license to what mitt romney said today, calling it a tax. >> obama care raises taxes on the american people by approximately $500,000,000,000. >> so how should the democrats push back on that tax message? especially in light of the fact that the court found that it was a use of the congress's taxing power today in the supreme court decision? >> i don't care what you call it. it's about fair placey that free riders need to be part of the system. we need to contribute....
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Oct 4, 2012
10/12
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FOXNEWSW
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small businesses have been taxed enough. the reason why we have the tea party, we are taxed enough already . the bottom line, obama came up with great friends but 47 million people are on food stampings. >> you seem to disagree with a lot of pundits who said obama didn't do his best last night. romney won hands down. body language alone. if you looked at the debate. president obama looked down a lot. and looking at his notes. what about the body language. >> i thought body language. styliically romm rom was the winner. no one disputes that. but the substance issues, when you look at the fact that mitt romney got out there and said, he's not going to voucher -- he will medicare and cut taxes. what i find interesting is that mitt romney has been all over the place in what he. >> no, he hasn't. >> you can't trust him. just yesterday he said something else. when it comes down to it. they are issues that are challenging. >> for obama to go back to the bill clinton days. bill clinton worked with republicanns, president obama has n
small businesses have been taxed enough. the reason why we have the tea party, we are taxed enough already . the bottom line, obama came up with great friends but 47 million people are on food stampings. >> you seem to disagree with a lot of pundits who said obama didn't do his best last night. romney won hands down. body language alone. if you looked at the debate. president obama looked down a lot. and looking at his notes. what about the body language. >> i thought body language....
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Jul 7, 2012
07/12
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CURRENT
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>> obama-care, obama tax, which is what we are now calling this law. >> who are you to suggest what a veteran's mind is when he or she decides whether or not to talk about his or her service. >> oh, ashley, i'm confused. >> eliot: joe walsh is worse than confused. easy an embarrassment. he should not be in congress. get out of the race. if you have an opinion, you better back it up. >>eliot spitzer takes on politics. >>science and republicans do not mix. >>now it's your turn at the only online forum with a direct line to eliot spitzer. >>join the debate now. >> eliot: according to today's jobs numbers 8.2% of americans are still unemployed. here is an idea we have not tried. work less. as my next guest wrote this week in the guardian. if americans worked the same shorter hours as workers do in germany, we would eliminate the problem of joblessness overnight. dean baker author of the or the "why americans should work less the way germans do"." thank you for joining us. >> thank you for having me on. >> eliot: explain the counter intuitive >> we're too rich. we produce what we need, the
>> obama-care, obama tax, which is what we are now calling this law. >> who are you to suggest what a veteran's mind is when he or she decides whether or not to talk about his or her service. >> oh, ashley, i'm confused. >> eliot: joe walsh is worse than confused. easy an embarrassment. he should not be in congress. get out of the race. if you have an opinion, you better back it up. >>eliot spitzer takes on politics. >>science and republicans do not mix....
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Mar 26, 2012
03/12
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CSPAN3
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this is not obama care, this is america care. and people need to stop saying that because a lot of presidents have did a lot of things and we have not attacked their name to it and we shouldn't do it now. we should all stand together. this is not a white or black issue, this is america issue. and america should lead by example. and thank you for letting me have the time. >> thanks for making the call. let's return to the supreme court exterior where there are comments being made by a group that are anti-health care law reverends. >> all right. i will make some comments on what we watched and heard in the courtroom today during the entirety of the arguments. all right. i'll wait. i am reverend rob shank, rob, schenck, president of the national clergy council here in washington, d.c. we represent church leaders from catholic, evangelical, orthodox, and mainline protestant traditions. we were in the courtroom today to listen to the first day of arguments. it was a very spirited exchange to say the least. there were some very humorou
this is not obama care, this is america care. and people need to stop saying that because a lot of presidents have did a lot of things and we have not attacked their name to it and we shouldn't do it now. we should all stand together. this is not a white or black issue, this is america issue. and america should lead by example. and thank you for letting me have the time. >> thanks for making the call. let's return to the supreme court exterior where there are comments being made by a...
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Mar 4, 2012
03/12
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FOXNEWSW
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business not just raising taxes but obama care squares the dickens out of small businesses. he changed the playing field by stacking national labor relations board against you. energy. he's held off on the development of domiestic energy. all of these provisions made it harder for business. the best thing i could do for customers is get customers better jobs with higher incomes then they will walk in your door and say i want some of those pastries that dave makes down the street. mike looks like you are thinking about this already. >> he didn't bring us any. >> i want to make america once again the job creating machine it has been in the past. if the median income in america has dropped by 10 percent in the last four years you think of that. families are seeing higher food costs higher gasoline costs higher healthcare costs so they have to cut back. what do they cut back on, baked goods, movies, restaurants. as a result the entire economy suffers. we have to turn this around and get america growing again by having people such confidence in our future that they invest in thei
business not just raising taxes but obama care squares the dickens out of small businesses. he changed the playing field by stacking national labor relations board against you. energy. he's held off on the development of domiestic energy. all of these provisions made it harder for business. the best thing i could do for customers is get customers better jobs with higher incomes then they will walk in your door and say i want some of those pastries that dave makes down the street. mike looks...
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Jan 19, 2012
01/12
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FOXNEWS
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eye 108
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the mitt romney 15% flax tax. >> what would president obama do? repeal tax cut and add increase for individuals making $200,000, couples more than $250,000. the new rate would to out at 15%. couples making 250 paying 36% tax rate. ten changes would have romney paying 5% more. the bill clinton rates of 20% in washington, jim angle, fox news. >> get thoughts now on the romney tax issue from the senior political analyst, brit hume. >> hello. >> the world often looks different from inside of a campaign than from the outside. it could explain the slow and insent response to question his role at bain capital and his tax return. it's clear for outside observers that both issues were troublesome as they feed the notion that romney is a rich guy unconcerned with people. romney failed to make case on any detail. romney indicated he would release the tax return some point this year. he took educated guess in public about the tax rate and made headline and kept the story alive but without releasing returns and getting it over with. the major political campaig
the mitt romney 15% flax tax. >> what would president obama do? repeal tax cut and add increase for individuals making $200,000, couples more than $250,000. the new rate would to out at 15%. couples making 250 paying 36% tax rate. ten changes would have romney paying 5% more. the bill clinton rates of 20% in washington, jim angle, fox news. >> get thoughts now on the romney tax issue from the senior political analyst, brit hume. >> hello. >> the world often looks...